SORGER MINISTRIES INTERNATIONAL DBA MATT SORGER MINISTRIES

EIN: 832373709 501(c)(3) Religion

WAXHAW, NC

Total Revenue
$684,655
Total Expenses
$650,076
Total Assets
$1,498,502
Net Assets
$1,479,413
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
MATTHEW SORGER
Phone
6318383565
Tax Period
2024-01-01 to 2024-12-31

SORGER MINISTRIES INTERNATIONAL DBA MATT SORGER MINISTRIES, founded in 2018, is a small nonprofit in the Religion sector that reported $685K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $650K left a modest 5% surplus.

Mission

TO PREACH AND TEACH THE GOSPEL OF JESUS CHRIST AS AN EVANGELIST TO DIFFERENT CHURCHES IN THE US AND WORLD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $643,304
Program Service Revenue $4,800
Investment Income $36,346
Other Revenue $205
TOTAL REVENUE $684,655

Expense Breakdown

Grants Paid $91,000
Salaries & Benefits $418,817
Fundraising Expenses $0
Program Expenses $174,326
Other Expenses $140,259
TOTAL EXPENSES $650,076

Year-over-Year Comparison

2024 2023 Change
Revenue $684,655 $834,763 -0.2%
Expenses $650,076 $728,343 -0.1%
Net Income $34,579 $106,420 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$261,936
Total Directors
3
$204,319
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW SORGER PRESIDENT 55.00
Officer Director
$108,500 $95,819 $204,319
REVEREND ARTHUR S GARCIA TRUSTEE 1.00
Director
$0 $0 $0
REVEREND DONALD LOPER TRUSTEE 1.00
Director
$0 $0 $0
RICHARD SORGER VICE PRESIDENT 30.00
Officer
$29,016 $0 $29,016
VERONICA SORGER TREASURER, SECRETARY 30.00
Officer
$1 $28,600 $28,601
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $684,655 $650,076 $1,498,502 $34,579
2023 $834,763 $728,343 $1,447,599 $106,420
2023 $834,763 $728,343 $1,447,599 $106,420
2022 $784,513 $588,326 $1,321,641 $196,187
2022 $784,513 $588,326 $1,321,641 $196,187
2021 $858,534 $517,167 $1,257,904 $341,367
2020 $874,966 $525,048 $917,690 $349,918
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